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  1. #1
    Join Date
    Jan 2007
    Posts
    688

    Collections Agency

    Which of you hosting companies use collection agency and what is that company? What is your results and satisfaction with them? I use TransWorld and til this day (2yrs / 40+ cases submitted) I have received only one payment.

    I would like your review/feedback on which is the most effective, professional collection agency. Please name it and their website link.

  2. #2
    Join Date
    Feb 2004
    Posts
    390
    Try Alexander & Hamilton - alhamco.com

  3. #3
    Join Date
    Nov 2003
    Location
    Reading, UK
    Posts
    89
    I've heard good things about https://www.directdebtcollections.com
    LowCostDedi Ltd - www.LowCostDedi.co.uk

  4. #4
    Hello
    I have never heard before collection agency. What is it in genural?

  5. #5
    Join Date
    Nov 2003
    Location
    Reading, UK
    Posts
    89
    If you are owed money, a collections agency will track down the people who owe you, and persue them for the debt. They sometimes charge a single fee, multiple fees for each stage of the process of reclaiming the debt, or a commision of the amount you are owed.
    It is often important to think about whether the amount of money you will get back is worth the cost of the collections agency.
    LowCostDedi Ltd - www.LowCostDedi.co.uk

  6. #6
    Join Date
    Aug 2001
    Posts
    4,028
    Most collections agencies I have ever dealt with simply took a % of the final amount collected. Unfortunately all a collections agency can do is scare someone into making payment. The downfall with this is that most shady customers who skip on payment usually aren't affected but some threads.

    Anyways, I stopped using them alltogether and mark clients that owe us money as a loss.

    And keep in mind, I'm 99% sure that anyone being pursued by a collections agent can make an offer to pay back the money on ANY terms ($5 a week for 200 weeks) and the agency must accept. I could be wrong here though... thought I heard this before.

  7. #7
    Join Date
    Oct 2004
    Location
    Oneida, NY
    Posts
    2,842
    I recommend Direct Debt Collections (division of Fidelity Information Corporation). They'll send out 4 letters and if they still don't pay up, it puts a bad mark on their credit file.
    Nick Hudson - Prevail Host LLC - http://www.prevail.host/
    Premium Quality cPanel Hosting Services - CloudLinux, LiteSpeed & SSD
    WHMControl - Secure Your Server Logins & Automate Password Changes

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